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things happening. let us do our thing. those areas of technology or entrepreneurs are allowed to go forth, whether to sell funds or cash machines, are going to work great are on the world. that is all the innovation and opportunity we need -- such as all the opportunity we need. provide in the outlook -- innovation for us. >> do policy makers like to come down here? >> they do like to come down. we think is very important that they see what the real world is like, so they can make votes and do other things that are affecting how we build products and what you can do and things like that. great innovators like apple and google and others, we hired them here in the united states, and we have great international companies here. but the u.s. is the world leader and we want to keep it that way. it is important that we have the right policies. >> we walked into the displays and saw that you had your legislative agenda essentially on that table, including about, so but, and others. -- hipaa, sopa and others. what has this been like for you? >> it has been great for us. we killed hipaa and sopa.
, we just want to let us innovate, let us do our thing. those areas of technology where entrepreneurs are allow today go forward are ones which would work great in countries around the world. that's all the opportunity you want. let innovation flourish. and to policymakers or lawmakers come down to this? do they enjoy seeing this? >> guest: they're very busy, and they do like coming down. it's tough getting them to las vegas. we think it's very important that policymakers see what the real world is like so they can make informed decisions when they're actually making votes and doing other things that are affecting, basically, how you can build products, what you can do, who you trade with, things like that. great american companies like apple and google and others are -- we have them here in the united states, and we have great international companies here. but it's working. the u.s. is the world leader. we want to keep it that way. but it's important we have the right policies. >> host: when we walked into the displays here, we saw your table, the cea table, and you had your legislat
the globe take action to boost their sagging economies. should more be done in the u.s.? >> susie: i'm susie gharib. getting new medicines to market faster. speeding up the government's drug approval process. why investors and patients are on board. >> tom: and "made in america" tonight, a craft beer company brewing up a national expansion. >> susie: that and more tonight on "n.b.r."! >> susie: the global economy was the hot topic in markets around the world today. central banks in europe, the u.k., and china announced moves to boost growth. the european central bank lowered interest rates to an all-time low. china cut several key interest rates for the second time in a month. and the bank of england held its rates steady, but said it will pump billions of dollars into its economy through a new round of bond buying. here in the u.s., some hopeful signs for the weak job market. private employers added 176,000 new workers to their payrolls in june, stronger than the previous month. and the labor department said the number of people filing for unemployment benefits dropped by 14,000 in the past
.4% in the second quarter. there's a surprise 2.2% jump in inflation. >> hsbc is to post a jump. >> u.s. investors are looking ahead to a busy week. >>> okay. so welcome to the first trading day of the week. we're weighted to the upside one hour in the trading session for europe. after of course big rallies on the last few trading sessions of last week. the ftse 100 down half percent last week but up 2% the last three trading days. up 4.68% in the last three trading days. ftse 100 up. dax up two-thirds. the ibex today up another 1.75%. italy has got an auction out this morning. the auction focusing on -- i was going to show you three. but we got five and ten years very much in auction as well. 5.97% is where the ten year is trading. auction last month, the yield was 6.19%, lower today. the italian five year trading 5.28 at auction last month they hit 5 policy 84. auctioning up to 5.5 billion. yields in spain remain at 6.649%. hundred basis points lower. ten year bunds up to 1.4%. treasuries hit a record low. big week with the fed and employment report and of course the ecb, bank of england as well
have the composite euro zone out for us. on the urow zone p mi, 47.6. it was 47.2 was the full cost, and then slightly better than we thought on that. the july manufacturing was 44.1. that was 45.3 was the forecast. so the new orders, 42.9, that's weaker than 43.5 in july. the flash composite pmi is 46.4 and the manufacturing component dragging that down versus the 46.5 we might have expected and 46.4 in june. so up matching the june level. joining us in the studio is chris williamson, chief economist at market which helped to compile the data. thanks for joining us. let's kick it off with the german number there, because that's weaker aacross the board than we might have thought, and the new orders contracted for the third month in a row. no signs of any stabilization in a contractionary levels. >> indeed the contraction is getting more severe. that's the key to all surveys out this morning. that german number is coming down. there's some blurring of the data by what's going on in france at the moment. the only area that we saw across the euro zone that saw any sort of improvement
>> good morning, everyone. thank you so much for joining us. >> it is independence day. wednesday, july 4th and thanks for watching "fox & friends" first. now, we want you throughout the world to send us over your patriotic pictures and tell us exactly how you plan to celebrate the day to us. you can shoot us an e-mail at friendsfirst at foxnews.com and keep them coming throughout the hour. >> absolutely. now it's time for your five at 5:00, the top five stories making news for you at this hour. nearly 1.3 million across seven states and washington, d.c. remain without power. it is now the fifth day that they're without electricity after deadly storms. crews working around the clock to help restore power in unbearable heat and more bad weather expected to hit parts of the east coast later today. >> on the eve of the fourth of july, a fireworks explosion causing the back deck of a new hampshire home to go up in flames overnight. >> and i saw the cloud, i knew it couldn't be done so i came down and the feeling in my stomach so i knew something couldn't be right. i was hoping someb
romney's running mate. we'll get the latest from u.s. campaign trail. >>> buy whatever the fed buys, whatever that might be as we chief to fixed income strategy at wells fargo advisers at 11:15 cmt. >>> shares in credit suisse are trading higher after they boost by 15 million francs. and carolyn is with us, she's on set. >> it would be handy if you were in zurich today. >> it would have been handy but you never know when the companies prerelease. credit suisse was slated to report those earnings next thursday. today because of what it is trying to do, it's trying to dispel downs about its capital levels. let me give you a little background because last month credit suisse bank came out in national stability report and criticized credit suisse about feeble capital levels saying it needs to raise capital levels. we saw shares trading at a 20-year low. we saw significant declines there. and credit suisse over the coming weeks has been trying to reassure investors about its capital levels came out with a statement saying second quarter was profitable. today, we've got that prerelease as
>> alan: extreme heat across the u.s. tonight dozen are dead including baby left in a car on a sweltering day. >> ama: a baby girl just a few months old died in indiana after she was left in a car in 105-degree heat. the is just one of at least 30 people who died from the record-setting heat that is scorching the nation. here's the latest. >> reporter: the extreme heat was blamed for a transformer fire in mid-town manhattan on saturday. manhole exploded igniting a minivan, and flames climbed 15 stores up the side of an apartment building. >> the car was completely in flames. getting the cav golding in flames -- cav golding in flames. >> 22 states were under heat advisories. >> just suffering and i can't form any coehart -- coherent thownts. >> the drought like conditions are driving up food prices for everyone. less than half the u.s. corn crop is in good condition. vegetable farmers in wisconsin, cattle farmers in oklahoma, both are saying the heat will cause prices to rise. >> i have had to sell assets or watch the animals tie. >> relief is on the way but not yet. the in
in london. the first stop of his first overseas trip of this campaign season and a chance for us to sit down with the presumptive gop nominee. more on that in just a moment. >>> first again tonight our attention is focused on the aftermath and investigation in colorado. a huge development in the case today. something from the accused gunman himself that was sent before the shooting that if discovered earlier might have changed this story. it's where we begin, again, tonight with miguel alguer in aurora, colorado. miguel, good evening. >> reporter: brian, good evening. a judge issued a gag order in this case, so police cannot publicly comment on the evidence they have received and gathered. law enforcement sources tell nbc news the suspect did mail a package which could become a valuable piece of evidence. senior law enforcement sources say accused gunman james holmes mailed the package here to the university of colorado medical center in aurora. the package is said to contain details writings about, quote, killing people. >> it's an important factor in assessing whether or not he was acting
numbers from tata consultancy services. the ceo will tell us how his company is managing under tough economic conditions. >>> we'll get goldman sachs' view on how the olympics will boost the uk economy. >>> and we'll speak to the ceo of monix to find out how much the percentage of u.s. investors investing in asia has declined. the answer to that question and more in just under an hour. >>> and we'll speak to a banking analyst in new york to preview, of course, those jpmorgan numbers. he says the stock is a buy at this level and expects today's report to provide closure and stability for the bank. >>> well, the world's second largest economy has grown at its slowest pace in three years. china's second quarter gdp rose 7.6% hurt by weak real estate investments and falling demand at home and abroad. retail sales and factory output growth also slowed in june. markets, though, rose on the back of the data as investors were relieved the figure wasn't worse than expected. joining us now is our guest host for the hour, jeff lewis, global market strategist at j pchpmorg asset management and a
of the dissent together. >> former u.s. secretary of commerce john bryson won't be charged in connection with the series of bizarre hit-and-runs that led to his resignation last month. although he tested positive for a small amount of ambien in his system, they have ruled the accident caused by a seizure. >> apparently, hollywood has been showing him the money. tom cruise making or taking the top spot on "forbes" list of highest paid actors. he made a whopping $75 million last year, heather. no chump change there. yeah, leonardo dicaprio and adam sandler both trailed behind him, only $37 million. that's your five at 5:00. >> we go to the loss of an american legend. he was america's favorite sheriff and lawyer adored by fans. today, andy griffith is being remembered by fans who loved him best. >> i'm telling you to hush up. >> you told me i could speak now or forever hold my peace. >> well, now i'm telling you if you don't hush up, you'll be forever holding the seat of your britches. >> so cute! great. of course, that was ron howard who played griffith's son opie on the andy griffith sho
are telling us that this started with an 911 call from the suspect's mother. police identified the suspect as 21-year-old andre mccoy. it began at the 4700 block of lakeland road. the mother made the call to police saying she believed her son was high on pcp acting erratically. the suspect walked out with his mother with a gun in his hand. that is when the they say he noticed police. at that point, he fled at area and made his way to the corridor in college park. police tell us it was an involved seen at several different locations. they tell us that they tried to apprehend him several times deploying their weapons, even using a taser not once but twice, but at he was able to avoid that and continue on the move. it was more than five minutes they were trying to apprehend a suspect. he tried to get into not one but two police cruisers. he was finally able to get inside one of them and sped off. >> finally, he was able to put it into drive. he crashes into a brick wall about two and half, three feet high in front of the mcdonald's on route one bit that is 18 to 10 police officers were able t
>> alan: extreme heat across u.s. tonight dozen are dead including baby left in a car on a sweltering day. >> ama: a baby girl just a few months old died in indiana after she was left in a car in 105-degree heat. the is just one of at least 30 people who died from the record-setting heat that is scorching the nation. here's the latest. >> reporter: the extreme heat was blamed for a transformer fire in mid-town manhattan on saturday. manhole exploded igniting a minivan, and flames climbed 15 stores up the side of an apartment building. >> the car was completely in flames. getting the cav golding in flames -- cav golding in flames. >> 22 states were under heat advisories. >> just suffering and i can't form any coehart -- coherent thownts. >> the drought like conditions are driving up food prices for everyone. less than half the u.s. corn crop is in good condition. vegetable farmers in wisconsin, cattle farmers in oklahoma, both are saying the heat will cause prices to rise. >> i have had to sell assets or watch the animals tie. >> relief is on the way but not yet. the in
and natalie morales. al is at the residence of the u.s. ambassador here in london. a little later this morning he's going to be talking to our first lady michelle obama. we're going to check in with him a little later on. meanwhile, what do you think of our digs. >> amazing. >> only more exciting. the park is actually closed right now to the public. we expect there will be crowds lining up behind us for the next couple of weeks. you're starting to really feel the excitement in the air. >> a great location. you know what's behind us there. you get the lay of the land. that big white thing there, that is savannah's trailer, better known as the olympic stadium. the observation tower, the aquatic center. >> amazing chlgt you ask. >> you asked me to store your hair and makeup. >> we're going to spend a lot of time in these places. >> the pomp and pageantry under way. the famous big ben chimed nonstop for three minutes to celebrate the first official day of the olympics. right now a big crowd is at tower bridge awaiting the olympic torch to sail by on the queen's barge. whose hands will it be in? ma
campaign. peter alexander covers the campaign for us. he's traveling with the candidate here in london to start us off. boy, this got interesting in a hurry. >> sometimes a small thing can turn into a big deal, brian, especially overseas. mitt romney certainly did not expect this when he planned his trip to london and now on the eve of the opening ceremony he spent the day on the defensive. it wasn't the cheering british welcome mitt romney was hoping for. >> mitt romney has turned on the charm during his visit to britain by questioning the country's ability to host the olympic games. >> reporter: but the message that he wanted to get out on this trip has been obscured. >> if he is here to make a friend he's got a funny way of showing it. >> reporter: criticism exploded on newspaper headlines. "the guardian," the times." "the telegraph" fired off this commentary. mitt romney is perhaps the only politician that could start a trip that was supposed to be a charm offensive by being utterly devoid of charm and mildly offensive. touring the olympic park in london this morning prime minister
to the week yesterday, with the retail sales from the u.s., we have a full agenda today. inflation. >> a lot of chatter. >> a lot of libor, more data, bernanke. >> maybe this will excite is market a little bit. we had our seven down monday in a row which tells you more about the market than mondays. >> it's like that song. why i don't have mondays. >> i have to do googling. >> it's an old one. let me remind you what's on the slate. coming up will be questions about libor and the bank's stability report. eclipsed by the rate fixing scandal. turner told lawmakers that investigations into other bank are ongoing subsequent to barclays admission of rate manipulation. >> events over the years was giving us an impression, as we said in my letter about a pattern of behavior which we felt precisely in gaming the system. >> also appearing before uk lawmakers yesterday the former chief operating officer of barclays insisted he's not the fall guy in the libor fixing scandal. he said end he was acting under orders from ceo bob diamond after discussions with the bank of england. >> let's go back to this t
still are not buying vegetables and fruits. they still are buying what they're used to. opening a supermarket in isolation is not going to change people's eating habits. it has to be in tandem with other things such as education on nutrition and knowing how to cook food are not used to buy. it has to be a multi-faceted approach. a big part of the campaign is education around nutrition, what to do once you have access to these kinds of food. host: this is median earnings. guest: you do see differences for african-americans by gender. this side shows african-american males making about $37,000 is around all females. some of that may be related to occupation and back from. cynthia may want to follow-up on that if you have any other things to add. host: i was going to add a statistic from the economic policy institute on poverty rates. this looks at median earnings. this is another view of household income. it was steady. the black population, 27% of those reporting are at the poverty line. hispanic, 26%. a large disparity in black and white households on poverty statistics. guest:
have new reports of the deaths related to the heat wave. what can you tell us. >> hi, harris. at least two dozen people have died as a result of the scorching heat wave. 10 people died in the state of the illinois. and four people in the city of chicago and nine people died in the state of maryland it is hot, it is dangerously hot. here in washington dc, regan international airport hit 105 degrees today. and first time it was that hot since 1930. that was an all-time record high of 60 degrees. as for the palace situation in the midatlantic states. just under 9,000 people are still without power and air conditioning more than one week after the powerful thunderstorms came through . most are in the baltimore maryland area hit 102 degrees today. harris? >> molly, for some people it is it a full-time effort to cool off in the coling centers. how are people coping . >> as best they can. it is hot in the shade today. it hit 114 in the shade and we had the thermometer by us all day. it is cooling down and 99 and half degrees at 7 o'clock in thining and it is all relative when it is that hot.
times the size of manhattan crack apart in august of 2010. the worst u.s. drought in more than half a century has sent food prices skyrocketing as millions of acres of midwest crops indoors scorching temperatures. soybean prices reached a record high wednesday, and corn prices approach the record as many farmers were forced to plow what desiccated corn fields. more than 60 percent of the continental u.s. is in a state of drought with about 1300 counties across dozens of states officially declared natural disaster areas. meat and dairy prices are also expected to rise and the drought could continue to impact food prices into next year. on wednesday, the obama administration called on congress to restore expired disaster programs to help respond. the agricultural secretary call the drought "the most serious situation and about a quarter century" and said he is pressing for rain. for our coverage of extreme weather and its ties to climate change, go to our special page on our website at democracynow.org. the banking giant capital one has agreed to pay a fine of $210 million for deceivi
. >> alcoa begins earnings season in the u.s. with a mixed set of results as the company posts a net loss. they say it expects a rebound in aluminum prices. >> falling domestic demand pushing down china imports while higher exports help the country's trade surplus. >> plus marcus aegis will testify about libor one day after paul tucker comes under fire. >> any other government minister? >> no. >> it almost worked out okay. we're back for day two. >> back by popular demand. >> parental support has been amazing. thrilled to have you back. ross is out for the rest of the week. we have policemen of news. >> loads. let's give you a rundown. we'll be examining the latest data out of china. we have a senior chinese economist who will be joining us. he said there's no further rate cuts. >> judges will consider whether the german president can okay legislation governing europe's bailout fund. >> research in motion will have a meeting in ontario. how can they face tough competition. >> and warsaw wins the prize for having the worst traffic problems in europe. find out what other cities are grapplin
in british banking, which is what the british public want to see. >> joining us is bank equity researcher at lie brum capital and the guest host for the hour. vice president of wells management, singapore for ocbc bank. core mack, first to you, this decision a surprise? >> not really actually. there was a story in the ft overnight saying that bob diamond was threatening to reveal embarrassing details and if he was pushed. when things descend to those levels, it's inevitable that the ceo is on the way out. >>> is this story about the bba, the bank of england and those -- >> my cynical view is that he's being used as a scapegoat. if you tried to settle the issue over the last five or seven years, which is the time in which to some extent the distortions were occurring, you would start to have systemically claims. given we're in a economic slowdown, there's a reason for regulators to turn barclay's and mr. diamond into a scapegoat and hopefully the lybor issue you will die away. >> look, it was four years ago that they brought the issue to light with regulators. it's been going on for quite
-span2 and 3. from houston's first baptist church joel rosenberg note reflect on whether the u.s. can recover from its economic and spiritual decline. it is about two hours. [applause] >> thank you. what a joy to be here in houston at houston's first baptist and i want to thank this church and the pastor for hosting us and making this possible. i want to thank all the churches that are participating all over the country. we have churches and small group bible studies and home village of groups in 42 states around the united states as well as in canada, india, new zealand who are participating. god bless you. for the next three hours we will look at issues that are sobering to say the least and we will take questions from those of you here at houston's first baptist but we also want to take questions from those around the country. and the three hours we have here. we would love for you to tweet those questions. some of you already have but you can tweak in your questions during the event. even those of you who want to get to the microphone and you can do that, j.c. are/traffic. @j.c. a
does not square at all with reality, that every one of the 100 of us here, the 435 members of the house on the other side and presidential candidates are living with? do they have any understanding of that? so here we are. what else can we do? we're here late at night trying, desperately trying to either persuade our colleagues, whose self-interest mitigates against them joining us, to persuade the people, although the issue of campaign finance is often an abstract one at a time when people are so busy working hard, paying the bills, raising the families and experiencing the vicissitudes of life that god gives and visits on each and every one of us. maybe it will affect one of the justices on the supreme court who are sort of living in a fantasy world as their decisions undo the very democracy that they are supposed to preserve. we're trying. that's all we can do. and the one thing i want to amy colleagues on both sides of the aisle, the american people and everybody else who is involved in this issue, we are not going to stop trying till we succeed. dr. king, one of the great men of am
in spectacular style as our viewers in the u.s. are about to see. what we can show you concerning what's already transpired, the interesting choice of the same front page photos by the newspapers here, part of the pyro technics show in the stadium tonight. we can show you this much. the broadcast features an unusual james bond moment and a first for the queen of england who let's just say makes a rather dramatic entrance. now, tomorrow in the light of day, londoners will wake up in full olympics mode. tonight an estimated 1 billion people will watch these games kick off. a spectacular global show followed by the parade of nations. nbc's chris jansing is in the olympic village tonight to start things off for us tonight. chris, good evening. >> reporter: good evening to you, brian. the long wait is finally over. athletes from 240 nations are here to compete for 906 medals including more than 500 athletes from team usa. i just saw them walking into the stadium as i was coming over here. and out on the streets of london today the excitement was palatable. big ben rang in the big day in london. and f
countries are ones that will have that burden of support. >> and that's exactly what ifo used euro crisis increasingly burdening the german economy. more reaction on that. plenty more on the hoe. we'll be in barcelona, catalina, looking to be the first to request a state rescue. >>> lg electrics, cell phone business struggles. >>> in uk, second quarter reading of gdp is expected to show economy is still in recession. we'll bring you those numbers in under half an hour. >>> at 11:30 central european time we'll head out to brussels where the eu commissioner overseeing financial services gives a press conference on the future of libor. >>> we'll speak to an israeli venture fund capitalist who says necessity are creating the best tech outside of the u.s. >>> no letup in sight for spain as yields continue to edge higher. take a look the what's happening across the curb. you can see the two-year just kissing that 7% level. still a bit below it, 6.95%. five and ten-year are vying to be on top. about 7.66%, yield for both of those. they are importantly both above what the 30-year is yielding at 7
not updated his own. do you own an ipod? >> i do have a cell phone. >> and tom brokaw tells us about billy fisk, an american olympic champion with a lot of fans here in great britain because of something he did during the darkest hours of world war ii. >>> also tonight, a week after the tragedy in colorado, the lessons that a terrible massacre might have taught us all. >> at the end of this, this could be hundreds of thousands of dollars, if not millions of dollars. >> for one patient? >> for one patient. >> that and more as "rock center" gets under way from london. good evening. we are coming to you tonight from tower bridge in london as we prepare to cover the start of the summer olympic games. our preview begins a bit later on in this hour because we begin back home tonight with the tragedy that americans just can't shake -- the awful massacre at that movie theater in aurora, colorado. it was exactly a week ago tonight, in fact. 12 dead, 58 wounded and a dozen people are still in the hospital. and this is where the colorado tragedy merges with another story we have covered so much. many
and shooting investigation, just go to foxnews.com online on whatever device you use for the very latest information on this story. >> heather: you can believe this 100 days left in the race for the white house. it can't get any tighter. a new poll showing president obama and governor romney are all tied up with 46% each. these numbers especially significant looking ahead to november. in nine of the past ten elections, the candidate leading the gallup poll to hundred days out has won the presidency. what about this. it's all tied up. john is a columnist and thanks for joining us. all tied, 46% down to the finish who crosses first and wins november 6th and how? >> obviously we have a lot of game changing events. we have three presidential events. each candidate is going to have a speech laying out the future. the basics of this campaign have been the same for a long time. president obama is the incumbent. everybody knows him. everybody has an opinion on him. he has not crossed 50% of the vote in two key questions in over two years. one, do you believe he deserves reelection and two do you
.. so the u.s. was unaware when of these payments one. senior officials at hsbc headquarters at blonden from 2001 to 2007 new that affiliate's in england and the middle east, the h. b. m e were sending undisclosed payments through their accounts but didn't stop them or in a forum where them of the extent of the activity so they knew that there affiliate's were hiding key information from each other. at hbus they were on notice as early as 2001 that the stripping was occurring and took no decisive action to stop the war. they stopped occasional wire transfers from iran but the words, quote, do not use our name in new york. so, first one mr. bagley, the european and middle east affiliate's, why wasn't hbus told? what possible justification is there for not telling an affiliate that the key information so they can comply with their own law to be removed >> it's a very good question, senator. my understanding of the position was that hbu was checking each one of those transactions to ensure that they were compliant and i was always advise to that they were compliant. when i first
of the tragic shooting in aurora, colorado as officials try to figure out if the alleged gunman used taxpayer money, intended for his education, to fund his rampage. >>> a killer whale attacking his trainer in 2006. a man dragged by his foot and held under water. incredibly he survived. we'll tell you why these images just released. >>> team "today" in the uk. with opening ceremonies a few days away we've all made our way to london today, july 25th, 2012. >> announcer: from nbc news, this is a special edition of "today," countdown to the olympic games with matt lauer and savannah guthrie, live from olympic games with matt lauer and savannah guthrie, live from london, england. captions paid for by nbc-universal television >>> and good morning, everyone. welcome to "today" on this wednesday morning. i'm matt lauer. my third day here in london during the buildup to the summer olympic games. we're standing here at the tower of london. behind me the famed tower bridge with the olympic ring hanging beneath it as this city gets prepared to welcome the world here in just a couple of days. now, savann
winners for the u.s., many of them with us along with a big crowd of fans. >> you get the feeling the olympic park is now open to the public, if you missed that. the swimmers are dominating, winning eight medals in the first two days. gold was won by dana vollmer. savannah was there and got her reaction after the race. that had to be exciting. >> yes. my voice is hoarse from screaming so loud. she did so great, broke a world record. we'll catch up with her. and the men's gymnastics team have never won team all-around in a nonboycotted games. they are entering tonight in first place. and that surprise drama on the women's side with jordyn wieber is coming up. >> also, a woman you may have seen during the opening ceremony making headlines worldwide. we are not talking about the queen, but the mustry woman who crashed the parade of nations walking right alongside the indian flag bearer. details on who she is and how she ended up in the stadium that night. >> and later on, if there were a gold medal for humiliation, we'll know who won it. today at the track to try the olympic sport of
for joining us on worldwide exchange today. happy holidays if you are in the states as well. we're just looking out for figures from the eu. services pmi numbers for the eurozone as a whole. we've had some of the broken down numbers. this is the eurozone as a whole. june services pmi came in at 47.1. 47.1. so below that sub 50 level which indicates contraction. but a bit better than had been expected. the forecast was for 46.8. came in at 47.1. also an improvement on last month when we had 46.7 was the reading. so better than expected. and an improvement on last month for the eurozone as a whole. >>> now at 1500 cet or 2:00 p.m. london time, bob diamond will appear in front of the security treasure. the question could be the role played by paul tucker. this after barclays released a memo between tucker and the ex-ceo of barclays. he's expected to mount a defense of his organization and that of his former employer. the outgoing chairman marcus aigis explained why he decided to leave just one day after his resignati resignation. >> he saw the public interest in this whole area had not red
glad you're with us on this saturday morning. i'm randi kaye. we're getting some shocking new information about the colorado theater shooting suspect james holmes. we've been hearing conflicting reports about a package that he allegedly sent to his psychiatrist before the shooting. cbs is reporting that package contained details about how he planned on killing people. now there's a legal battle over that package and whatever was inside it. jim spellman sounds the jail in aurora, kol california, for us this morning. good morning, jim. so what is this assertion of privilege that lawyers are talking about? >> so what the defense is saying is that the writings in this book were sent from holmes to his psychiatrist, a woman named dr. lynn fenton and that those are doctor-patient communications and should be privileged. it's a little complicated in general about how that works because if potentially there was something in it that alluded to putting people in danger, then the doctor would have to write to -- would have the requirement to report that to police. but we don't know what'
, but if you have to leave us, would you do so being mindful of the projector and any other issues that might obstruct someone else's few. so, let's get started. can we please give a warm welcome to our first presenter from zion benton public library. thank you also much for coming. [applause] >> i felt i can manage to coordinate this while i'm talking. i pleaded with kim to let me do a couple more books because i have some wonderful books this year and i swore i would talk fast. i hope i can keep to that promise. i donate most of the books that i received or that i review and received to my library but this year, each year there's at least one book that i absolutely have to keep for myself and this is this year's book. the author, elizabeth dellinger who has written extensively about antiques. her late husband was an americana expert and regular appraiser on the antiques roadshow. rather than writing exclusively about objects in the kind of archaeology, she writes about those pioneering collectors, their passions and their motivations. first however comes a definition of folk art. the term w
expect there will be crowds lining up behind us for the next couple of weeks. you're starting to feel the excitement in the air. >> it's a great location. you get the lay of the land. that big white thing, that's savannah's trailer. better known as the olympic stadium. the observation tower. the aquatic center. >> amazing. >> you asked me to store your hair and makeup. >> we're going to spend a lot of time in these places over the next couple of weeks. >> yeah. >> makes it real being here now. >> it does. also the pomp and pageantry is already underway this morning. the famed big ben chimed nonstop for 3 minutes to celebrate the first official day of the olympic games. right now a big crowd has gathered at tower bridge awaiting the arrival of the olympic torch to sail by on the queen's barge. the question is whose hands will it be in. matt lauer, we're looking at you. you know. >> you're looking in the wrong place. >> i think it was barry gold water that said i'm not a good leaker. >> we'll work on it. >> we'll pry it out of you or meredith. >> obviously a very big date for britain an
. that means we may have to take a deal that gets us on the right path even if it does not give us the right structure. we will have the opportunity to get on the right structure and we will have the money to deal with it. it means we have to deal with the deficit before we are ever going to resolve all of the issues in health care and tax reform. i want to be sure that people do not have the sense that if we do not solve the entire 70 five- year, 150 year deficit issue, that anything short of that is a failure. there is no public-policy issue we have solved 75 years into the future. it is a result of inflated expectations and rhetoric to expect we will solve this problem 75 years out, or 100 years out in the future. my message is, let's not the perfect be the enemy of the good. if we can get onto a good path, let's take it and work from there to a better structure. >> i agree with that but let me be more optimistic about tax reform. this may be a moment where we dropped the impediment of incrementalism in tax reform which is fatal because then you are arguing about whose ox gets gored. this
is not have the power -- does have the power of discretion on the case by case basis. it cannot be used to systematically dismantle our laws. the supreme court noted that the president's constitutional power to enforce our laws does not imply that they can forbid their execution. president obama understood this winnie admitted last year that "there are laws on the books that congress has passed said the administration cannot just suspend deportations through executive order." president obama has broken his promise. this decision to grant administrative amnesty on a mass scale ignores the rule of law. the amnesty agenda is a win for illegal immigrants but a loss for americans. when illegal immigrants are allowed to live and work in the u.s., unemployed american workers have to compete for scarce jobs. with 23 million americans unemployed or underemployed, this amnesty only makes their lives harder. the amnesty is also a magnet for fraud. many illegal immigrants will falsely claimed that they came to the u.s. as children and this administration refuses to take the steps necessary to check
several hours use an alternative. harbor tunnel if you can this morning. look at 695 at bel air roads. smooth sailing and another gorgeous shot with the sunshine coming up. we will talk more about the traffic and weather together less than 10. megan. >> all right. thanks. >>> it's 5:30. governor o'malley says 800 more crews have arrived in our state. this happened overnight. bringing the total to the level after hurricane irene last year. so for a lot of people, though, they say that's not good enough. like angela who lost power on friday along with her neighborhood in randallstown and can't remember how many times she says she called bge and they have told her that her power might not be restored until the end of the week. >> basically the response is they must all have the same scripted spiel. we are going to get to you when we get to you. >> the governor says the unexpected nature of the storm and the power are to blame and will not be satisfied with bge's response until power in every single home is restored. >>> friday emassive storm brought down trees and power lines across the
's latest round of austerity measures. stephon joins us for more. stefan, in a way, not only the latest, but spain, there were two things that were supposed to happen. the bailout terms were supposed to be light. and it now looks with a memorandum of understanding that won't be the case. and also the eu is supposed to inject money directly into the spanish banks, and the spanish government not be responsible. and equally i guess that doesn't look like it's going to happen either. >> yes, it's going to be a built heavier than what the spanish government was planning to do. interesting timing also, russ. yesterday while the german lawmakers were voting in favor of the spanish bailout package, the spanish workers were in the street to protest against the new austerity measures. it's not the first time they are protesting against the austerity package, but it was the first demonstration organized by the two main unions of the country, the two main trade unions. in total, more than 80 demonstrations took place across the country. and it looks like the government is taking the situation very
numbers out of china which we'll recap in a few moemts. rich, thanks very much, indeed, for being with us. look, we still got german manufacturers. despite the fact that we had some moves last week on the eu sum it, i don't suppose we'll be turning around the economics any time soon? >> no, but i think you've always got to be a bit careful when there's a lot of very negative headlines going around. sometimes they can get a little bit detached from the economy. >> richard, we're also seeing some differences across the region. anything that jumps out to you that we didn't expect? >> i think probably the concern is germany. basically, the model is some of these peripheries are in real trouble. so i think german pmi down in the mid 40s is a bit of a concern. it could get quite nasty for the whole region. >> i think the thing is is whether that reflects the global slowdown, as well. >> yeah, well, maybe this reflects the fact that german manufacturers have become a little bit worried abpaying for everybody else's dinner. maybe the higher taxes or the damage from the euro zone affecting their b
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